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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from the investors.   In return, the investors are entitled to some amount of profits in the near future.   We checked FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They're operating in the shadows intentionally. The only contact details they feature is an email address.

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for all those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they state, even though it had been accurate, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   On the other hand, the only thing that you can do is to diversify them that you have better likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but it does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough information to follow their traffic sources. For additional information relating to this site, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly advise everyone to stay away from them.

This stage showcase couple testimonials.   All of the comments are extremely flattering.   The alleged early users talk about, how this program helped them earn a lot of money.

But Do not get carried away by these fake comments from bogus user profiles.   In case, if you're wondering there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent customers and finally scamming them.For instance, have a look at this site that I found on shadowy net.

There is no way these men are generating that amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are scams Because, you can look here the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they will just do that quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limitation set by its founder.

Every transaction made will be confirmed by a few nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction proofs to entice more investorsThey may have made some genuine transactions to entice more investors.

If possible ask your friend to escape it, before he loses everything. One day there and next day gone. This stands for both the fraudulent site and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: Check their credentials.

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They may be tricked by the initial high returns.Especially be cautious of specifications that need you to introduce new members to this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.